Oddbean

On Nov 14 the Human Rights Foundation will launch its CBDC Tracker at the National Press Club in Washington, DC The Tracker will go online for the first time, providing the public with a resource to examine the progress and risks of CBDC implementation worldwide Like paper dollars or euros, CBDCs are liabilities of central banks Unlike paper dollars or euros, CBDCs do not offer the privacy protections, neutrality, or finality of cash Virtually all money today is already digital, but it is typically issued and controlled by private banks and fintech companies, even in dictatorships like China When consumers use a credit card, spending is at the discretion of the corporation that issued the card When consumers deposit money into their bank accounts, their funds are liabilities of the bank CBDCs are an effort to: 1) Replace paper cash with government-issued, government controlled digital credits 2) Reduce the power of private banks 3) Expand state control over the economy Paper cash doesn’t require identification, can be used by anyone with no discrimination, and cannot be easily tracked As such, cash is a daily tool of human rights activists, dissidents, and civil society, especially under authoritarian regimes CBDCs stand to potentially phase out this tool for human rights defenders, making them entirely reliant on currency that is surveilled and easily frozen and censored Unlike cash, CBDCs can require ID, have expiration dates, be remotely frozen, and abide by blacklists HRF believes CBDCs pose a significant threat to human rights work worldwide, especially for people living under tyranny More than 100 countries are researching CBDCs, while more than 20 have pilots, and a handful of governments have already launched some kind of retail product Russia, India, the EU, the US, Brazil, and other major governments have all signaled intent to pursue CBDC projects HRF considers it important to track these activities and document what risk they pose to human rights We are pleased to be working with the Bitcoin Policy Institute to launch the CBDC Tracker at the National Press Club in Washington at 10:00am ET on November 14th We are excited to share the work of the project authors: Nick Anthony, Janine Roem, and Matthew Mezinskis If you would like to learn more about the project or RSVP to the launch event, please contact @ck We look forward to sharing the resource with all of you on Nov 14 https://cbdchumanrights.org/ https://image.nostr.build/5dcb01114749a54fb356f344bd20d936351cd18d12b3e7ab15c1a0fdcfd9a605.jpg

Important work, good job HRF nostr:nevent1qqswrf5j8mw0j9ss9gm35ehhqrm330w6m3gp6tzwtahzmuqcvklt66cpzdmhxue69uhhyetvv9ukzcnvv5hx7un8qgs9336p4f3sctdrtft2wlqaq5upjz9azpgylhfd3dplwf005mfrr9srqsqqqqqp5fs9xj

A good read from a reliable source: nostr:nevent1qqswrf5j8mw0j9ss9gm35ehhqrm330w6m3gp6tzwtahzmuqcvklt66cpz3mhxue69uhhyetvv9ujumn0wd68ytnzvupzqkx8gx4xxrpd5dd9dfmur5znsxggh5g9qn7a9k958ae9a7ndyvvkqvzqqqqqqyplke9j

Read this to your family members and closer friends, they need to know. nostr:nevent1qqswrf5j8mw0j9ss9gm35ehhqrm330w6m3gp6tzwtahzmuqcvklt66cpp4mhxue69uhkummn9ekx7mqzypvvwsd2vvxzmg6626nhc8g98qvs30gs2p8a6tvtg0mjtmax6gcevqcyqqqqqqgguztrq

the human rights foundation is launching their cbdc tracker this month 🔥 nostr:nevent1qqswrf5j8mw0j9ss9gm35ehhqrm330w6m3gp6tzwtahzmuqcvklt66cpp4mhxue69uhkummn9ekx7mqzypvvwsd2vvxzmg6626nhc8g98qvs30gs2p8a6tvtg0mjtmax6gcevqcyqqqqqqgguztrq

CBDCs are the illicit activity nostr:nevent1qqswrf5j8mw0j9ss9gm35ehhqrm330w6m3gp6tzwtahzmuqcvklt66cprpmhxue69uhkummnw3ezuendwsh8w6t69e3xj730qgs9336p4f3sctdrtft2wlqaq5upjz9azpgylhfd3dplwf005mfrr9srqsqqqqqplu4u9h

Category 5 Hurricane hit Acapulco last week with no warning. In essence, it quite literally erased the city. As Mexico is distasteful prone, we had a disaster fund for these cases which the gov disappeared because of “corruption”. Disaster hit & now all the resources to rebuild are gone. As all orders of gov are from the ruling party and there’s elections next year, they are keeping it quiet. The death toll is in the thousands but they are underreporting them. Search for Chef José Andrés & World Central Kitchen … he’s there helping out. Also check out: http://hurricaneotisrecovery.com/ It’s run by DollarVigilante over at the bird app.

This is basically what happened … When the ruling party won, they started extinguishing trusts they deemed “corrupt” to reroute those funds into the Tren Maya (which is devastating the Mayan Jungle & acquifers), & Dos Bocas Refinery, two presidential projects being built by the military. Amongst these trusts was the FONDEN. A relief fund meant for rapid response & emergency reconstruction for disaster areas. Now that disaster struck, there’s no money & the military & it’s resources are being misused elsewhere. Our Congress just passed the 2024 budget with $0 allocation to Acapulco. Since 2024 is an election year, they are underreporting the death toll, pretending everything is fine while there’s definitely a media blackout around it. It’s astounding that a 1M pop city got erased & it’s not on the news …

I don't know what's happening in #acapulco. Probably by design as you say @julio I beg the attention towards #Gaza though as children are dying at the hands of an oppressive Israelian #apartheid regime. I'm begging for your voice on this humanitarian catastrophe @gladstein #freepalestine #stop #genocide @julio please forgive me for attempting to steal some of the attention. The world seems to be burning everywhere at once.

Thanks for your work sir! I put this together to try and reach a few more people. Cheers. nostr:nevent1qqs0dy52cjky5g76y2z895amyf2gd0fvvhglvqd3hytwy5q4adnpf3cpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzquhj9h4s3ktk0sjs4243j70tk3h2agyvsmv6cnzeu3m0dp29l2q6qvzqqqqqqy4l3wwh